Stacks

Overview

Stacks is an Amsterdam-based applied-AI company focused on enterprise finance operations. Its platform connects to ERP systems, spreadsheets, data lakes, and other finance tools to create a unified financial data layer and automate parts of the monthly close, including reconciliations, journal entries, reporting, and variance analysis.

The company is positioned in the emerging category of agentic AI for finance, targeting mid-sized and large enterprises. It is notable for combining AI agents with deterministic machine-learning and finance-system integrations rather than offering a general-purpose AI assistant.

History

Stacks was founded by Albert Malikov, formerly a senior product leader at Plaid and Uber, alongside leaders with backgrounds at Uber, Plaid, and Miro. The company emerged publicly in 2025 as an AI-powered workspace for enterprise financial close operations. It raised a $3 million pre-seed round led by EQT Ventures, followed by a $7 million seed round led by General Catalyst, with participation from EQT Ventures and s16vc. Its development has focused on connecting ERP systems, spreadsheets, data sources, and legacy finance tools into a unified data layer for automated accounting workflows.

Product Lines

Manufacturing

Stacks is a software company and does not manufacture physical products. Its platform is developed and operated as cloud-based enterprise software, integrating with customers' finance systems and data sources.

Notable Products

• AI Reconciliations - AI-assisted workflow for matching transactions and identifying discrepancies during account reconciliation.
• Automated Journal Entries - Automation for preparing and managing accounting journal entries within the financial close process.
• Financial Close Workspace - Workflow and collaboration platform for coordinating monthly close tasks across finance teams.
• AI Flux Analysis - Analysis tool for investigating account-level changes and producing explainable variance commentary.
• Reporting and Analysis Suite - Reporting and analysis capabilities built on Stacks' unified finance data layer.

Reputation

Stacks is presented by industry coverage as an early-stage enterprise-finance AI company with backing from EQT Ventures, General Catalyst, and s16vc. Its perceived strengths are a focused use case, direct integrations with finance systems, and an emphasis on reliable automation for accounting workflows. Public information remains limited because the company is young, and independent customer reviews, long-term deployment evidence, and publicly disclosed pricing are sparse.